These security teams are available at strategic ports in areas of high piracy. With ransom of up to $3.4 million paid per vessel, and the cost of insurance in these areas skyrocketing or even unavailable, this service provides a cost effective way to ship through these areas of concern. Furthermore, it provides peace of mind to ship workers whose lives are at risk in these situations.
RFID update
For firms focused on security issues tied to tracking and tracing product, the updated electronic seal, also known as an "e-seal", provides the technology required to monitor shipments from origin to destination.
Regulations in some industries require a traceability element, especially in the food and pharmaceutical industries. Using RFID capabilities, shippers will not only be able to track the shipment, but they'll also be notified when the security of the cargo has been breached.
The U.S. Department of Defense will soon be using RFID tags, having recently purchased $6.6 million in RFID products from Savi Technology, a unit of Lockheed Martin. Savi is a founding member of the DASH7Alliance, a broad coalition of technology developers, manufacturers, test laboratories, and government organizations whose goal is to expand the commercial use of wireless sensor networks.
Look for RFID technology to soon be implemented in Munich International Airport, as the Wi-Fi RFID and GSP capabilities will be united via a tag that will be affixed to all passenger baggage dollies. This technology will allow the airport to begin monitoring its assets--and ensure that it's charged cargo companies appropriately for their use.
